Business Studies Multiple Choice Question – 11 September 2017

The stages of the product life cycle, in order, are?

Select ONE answer:

1. Maturity, saturation, growth, introduction
2. Introduction, growth, maturity, decline
3. Decline, saturation, development, growth
4. Introduction, growth, decline, maturity
5. Introduction, decline, maturity, saturation

Give an example of a real-life product (a) in the introduction phase and (b) in the maturity phase of the product life cycle:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS5 classes.

The answer is 2 – There are four stages in the product life cycle: introduction, growth, maturity, and decline.

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